Edward Foster

Work Department

Banking and finance.

Position

Edward Foster is a Partner in the Litigation & Recoveries team.

With experience in-house and in private practice, Edward Foster has a specialism in asset finance and insolvency. He advises in consumer credit disputes, especially in the motor finance industry. He has considerable experience of commercial litigation in the asset finance sector, in addition to alternative dispute resolution and insolvency. Edward is also experienced in enforcement of debts owed to local authorities, and debt recovery in general.

Edward has a varied client base including blue chip national and global lenders; captive and independent motor finance companies; factoring companies; insolvency practitioners; Local Authorities and football clubs.

Languages

Member

Education

University of York (BSc (Hons) Environmental Chemistry).

South West: Dispute resolution

Commercial litigation: Dorset and South Wiltshire

Within: Commercial litigation: Dorset and South Wiltshire

Lester Aldridge LLPÂ has particular experience of disputes in the marine, defence and financial services sectors and has gained a reputation among court advocates for providing âpractical and carefully prepared adviceâ. âA shrewd and experienced litigatorâ, department head Michael GiddinsÂ is an accredited mediator and has experience of disputes with international dimensions. Giddins is representing a party in a multimillion-pound arbitration concerning the crash of a Russian-owned marine vessel off of a European coast. Edward FosterÂ advised a lender in relation to a commercial loan, the security for which was fraudulently obtained. Chris EvansÂ has experience of a range of commercial disputes, which have recently included acting for a company in relation to a claim and subsequent counterclaim concerning alleged breaches of a share purchase agreement. âNeither too robust nor too ready to foldâ, Michael VealÂ is another key figure in the team and has expertise in disputes involving fraud and emergency relief applications.

Self-reporting such a failure can be used as part of thecompany or partnershipâs reasonable procedures defence if it is charged with anoffence. It can also be taken into account by prosecutors when making adecision about whether to prosecute and can be reflected in any penalties thatare imposed

Knowing the legal difference between a consultant and an employee is important for a company that needs to hire someone in
Nicaragua or for a person interested in rendering services for a
company or another person, due to the fact that the nature of
the contractual relationship will determine many factors that both
parties must be aware of before executing the contracting modality that will govern the relationship between them - the nature
of the contractual relationship impacts on the employment benefits, tax implications and liabilities that the parties must comply
with according to the law. Â labor_law_in_nicaragua

In recent years, the country Ěs the government has been committed to
improving Taxation in Nicaragua and attempting to follow the legislative
model used by some of the other countries in the region. Starting
January 1st, 2013, a new tax law (Law No. 822, Tax Concertation
Law) came into force in and completely changed the taxation system
in Nicaragua. Two years later a new law was issued by the National
Assembly containing more than 80 amendments, additions and
repeals (Law No 891) which came into force December 18th, 2014.